Business / In Brief • Sept. 13, 2012

September 13, 2012

The Hawaii Community Development Agency announced Tuesday that affiliates of Forest City Enterprises Inc. and Lend Lease submitted bids for the $500 million project known as 690 Pohukaina.

The Honolulu Star-Advertiser reported that the 650-foot tower would include 300 residential units for sale or rent at prices affordable to Honolulu's workforce earning close to the median income. It will also include 500 market-priced units.

Currently the tallest building is Honolulu's 430-foot First Hawaiian Center.